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Text of report published by Bangladeshi newspaper The Daily Star website on 15 March
Bangladesh yesterday won a landmark verdict at the International Tribunal for the Law of the Sea, which sustained its claim to 200-nautical-mile exclusive economic and territorial rights in the Bay of Bengal rejecting the claims of Myanmar.
The verdict of the court went absolutely in Bangladesh's favour and even beyond, as it gave more than what Bangladesh had asked for. The judgment is final and cannot be appealed against.
The verdict of the tribunal gave Bangladesh a substantial share of the outer continental shelf beyond 200 miles, which would open ways for offshore oil and gas exploration in the Bay.
The tribunal also awarded Bangladesh a full 12-mile territorial sea around St Martin's Island, overruling Myanmar's argument that the island be cut in half and shared.
"We have got everything, even more than what we wanted. We are happy, we are absolutely delighted," cheerful Foreign Minister Dipu Moni told The Daily Star over the phone from Hamburg, Germany.